Org.nr 928 306 542 2022 → 2023 Year-over-year analysis

ADVOKATFIRMAET KNUT G. FALLRØ AS: årsregnskap 2023 vs 2022

Shrank 53% on revenue, weaker earnings

approved 2024-04-25; registry 2024-04-29; journal 2024 382893

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET KNUT G. FALLRØ AS. Revenue 1.76m NOK → 822.1k NOK (-53.3%). Net result +272.0k NOK → +100.5k NOK. Equity 366.4k NOK → 366.9k NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET KNUT G. FALLRØ AS.

Scorecard

Revenue
1.76m NOK 822.1k NOK
-53.3%
Operating result
+349.3k NOK +126.7k NOK
-63.7%
Net result
+272.0k NOK +100.5k NOK
-63.0%
Equity
366.4k NOK 366.9k NOK
+0.1%
Cash
542.0k NOK 550.1k NOK
+1.5%
Total assets
37.3k NOK 990.5k NOK
+2557.5%

What improved

  • ↑

    Cash rose

    Bank deposits 542.0k NOK → 550.1k NOK (+1.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.07× → 2.00×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.76m NOK to 822.1k NOK (-53.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +349.3k NOK → +126.7k NOK (op. margin 19.9% → 15.4%). Calculated

  • ↓

    Net result weakened

    Net result +272.0k NOK → +100.5k NOK (net margin 15.5% → 12.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 087 NOK → 2.30m NOK (0% → 280% of revenue). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 2. Reported fact